Joy City Property Limited Announces Proposed Share Buy-Back via Scheme of Arrangement

Reuters

07/31

Joy City Property Limited Announces Proposed Share Buy-Back via Scheme of Arrangement

Joy City Property Limited has announced a proposed share buy-back by way of a scheme of arrangement under Section 99 of the Companies Act. The buy-back will involve the cancellation of Scheme Shares, with Scheme Shareholders receiving a cash payment as the Cancellation Price. The transaction aims to increase the holding of Grandjoy Holdings Group and Achieve Bloom to 100% of the share capital. The proposal was put forward on 31 July 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Joy City Property Limited published the original content used to generate this news brief on July 31, 2025, and is solely responsible for the information contained therein.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

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